Acuitas Investments LLC bought a new stake in shares of Star Holdings (NASDAQ:STHO - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 98,259 shares of the company's stock, valued at approximately $1,185,000. Acuitas Investments LLC owned about 0.74% of Star as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Howard Financial Services LTD. purchased a new stake in shares of Star in the 1st quarter worth about $245,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Star in the first quarter worth approximately $456,000. Corsair Capital Management L.P. bought a new stake in shares of Star in the fourth quarter worth approximately $824,000. Cowen AND Company LLC purchased a new position in shares of Star in the fourth quarter worth approximately $912,000. Finally, Russell Investments Group Ltd. purchased a new position in shares of Star in the fourth quarter worth approximately $1,549,000. Hedge funds and other institutional investors own 89.31% of the company's stock.
Star Stock Performance
Shares of STHO traded down $0.13 on Friday, reaching $13.01. The company's stock had a trading volume of 26,137 shares, compared to its average volume of 52,173. The stock has a market capitalization of $173.29 million, a P/E ratio of -1.12 and a beta of 1.47. Star Holdings has a 12-month low of $10.76 and a 12-month high of $15.31. The stock's 50 day simple moving average is $12.72 and its two-hundred day simple moving average is $12.54. The company has a debt-to-equity ratio of 0.55, a current ratio of 7.26 and a quick ratio of 7.26.
Star (NASDAQ:STHO - Get Free Report) last issued its earnings results on Tuesday, August 6th. The company reported ($0.71) earnings per share for the quarter. Star had a negative return on equity of 9.50% and a negative net margin of 67.12%. The company had revenue of $30.55 million for the quarter.
Star Company Profile
(
Free Report)
Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects. Star Holdings is based in New York, New York.
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